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Former Member

Product Costing

Hi Gurus,

My client is steel manufacturer.My client requirement is, in product costing planned cost should be according to standard price maintainede in MM & Actual price of the product should be according to moving average price from MM.

We have maintained Price indicator V in material master for raw materials.Now when we create production order for semifinish material and do the costing for the order and see the cost in cost analysis, there we get planned cost according to moving price in MM.After doing confirmation, in actual cost column it is calculating cost according to moving price only for confirmed Qty. My client wants planned price to be calculated according to std.price & actual price to be calculated according to moving avg, price.Is it possible to calculate to calculate planned price according to std. price & actual price according to moving average price.

Thanks in advance.

Regards

Amit

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3 Answers

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    Former Member
    Dec 27, 2008 at 07:06 AM

    Hi Amit,

    I think you batter post this thread to [ ERP Financials - Controlling|SAP ERP Financials - Controlling;. forum.

    Regards,

    Shyamal

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    Former Member
    Dec 27, 2008 at 08:03 PM

    Hi Amit ,

    As per the best of my understanding we can valuate the material either by standard or moving price at one particular time ........ It is not possible to meet the requirement as you have mentioned

    Even it is not correct to follow the practice that your client is demanding ... in your case there will be huge entry under the price diff accounts if we follow something like this even if it is made possible after some tweaks ....

    Thanks

    Kaushik

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    Former Member
    Jan 20, 2009 at 09:38 AM

    thanks to all of u.

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